Business Trade License

A Sole Proprietorship is a business owned by one person, which can carry out commercial, professional, and industrial activities.

Sole Proprietorships Business Types

A professional business sole proprietorship covers a range of professions from owning a seafood restaurant to a bespoke tailoring service. In those cases, the owner does not have to be an expert in that particular business field, but as the sole owner of a consultancy, for example legal counsel, building contracting or home tutoring, the sole proprietor must specialise in that business. Most professional-type sole proprietorships providing personally offered services or the services of a recognised profession such as medicine or engineering require a Local Service Agent (LSA) if they are owned by a National of a country other than the UAE or GCC countries. The local service agent is a UAE National who manages licensing requirements and other government-related matters for your business, in exchange for an annual fee. The LSA has no responsibility for your business and no financial commitment to the business or its activities in Dubai or elsewhere. A sample Local Service Agent Agreement is available, explaining the relationship and the obligations of the owner and the LSA. This agreement must be authenticated by a Notary Public/Court within the UAE.

Ownership

• A sole proprietorship can only be owned by an individual, not a company. This person will own 100% of the business, control all of its operations and keep 100% of any profits. He or she will also be 100% responsible for business debts and any other financial obligations.
• A professional-type sole proprietorship can be owned by an individual of any nationality.
• A sole proprietorship that is industrial or commercial can be owned only by UAE Nationals or GCC Nationals.
• A sole proprietorship that is a commercial or industrial business must be owned 100% by a UAE National. The UAE National owner and any other party can later work to decide on how profits might be shared and how day-to-day business decisions will be made. A sole proprietorship that offers legal services—known as a legal consultancy—does not require a local service agent.

A Sole Proprietorship is a business owned by one person, which can carry out commercial, professional, and industrial activities.

Sole Proprietorships Business Types

A professional business sole proprietorship covers a range of professions from owning a seafood restaurant to a bespoke tailoring service. In those cases, the owner does not have to be an expert in that particular business field, but as the sole owner of a consultancy, for example legal counsel, building contracting or home tutoring, the sole proprietor must specialise in that business. Most professional-type sole proprietorships providing personally offered services or the services of a recognised profession such as medicine or engineering require a Local Service Agent (LSA) if they are owned by a National of a country other than the UAE or GCC countries. The local service agent is a UAE National who manages licensing requirements and other government-related matters for your business, in exchange for an annual fee. The LSA has no responsibility for your business and no financial commitment to the business or its activities in Dubai or elsewhere. A sample Local Service Agent Agreement is available, explaining the relationship and the obligations of the owner and the LSA. This agreement must be authenticated by a Notary Public/Court within the UAE.

Ownership

• A sole proprietorship can only be owned by an individual, not a company. This person will own 100% of the business, control all of its operations and keep 100% of any profits. He or she will also be 100% responsible for business debts and any other financial obligations.
• A professional-type sole proprietorship can be owned by an individual of any nationality.
• A sole proprietorship that is industrial or commercial can be owned only by UAE Nationals or GCC Nationals.
• A sole proprietorship that is a commercial or industrial business must be owned 100% by a UAE National. The UAE National owner and any other party can later work to decide on how profits might be shared and how day-to-day business decisions will be made. A sole proprietorship that offers legal services—known as a legal consultancy—does not require a local service agent.

A Sole Proprietorship is a business owned by one person, which can carry out commercial, professional, and industrial activities.

Sole Proprietorships Business Types

A professional business sole proprietorship covers a range of professions from owning a seafood restaurant to a bespoke tailoring service. In those cases, the owner does not have to be an expert in that particular business field, but as the sole owner of a consultancy, for example legal counsel, building contracting or home tutoring, the sole proprietor must specialise in that business. Most professional-type sole proprietorships providing personally offered services or the services of a recognised profession such as medicine or engineering require a Local Service Agent (LSA) if they are owned by a National of a country other than the UAE or GCC countries. The local service agent is a UAE National who manages licensing requirements and other government-related matters for your business, in exchange for an annual fee. The LSA has no responsibility for your business and no financial commitment to the business or its activities in Dubai or elsewhere. A sample Local Service Agent Agreement is available, explaining the relationship and the obligations of the owner and the LSA. This agreement must be authenticated by a Notary Public/Court within the UAE.

Ownership

• A sole proprietorship can only be owned by an individual, not a company. This person will own 100% of the business, control all of its operations and keep 100% of any profits. He or she will also be 100% responsible for business debts and any other financial obligations.
• A professional-type sole proprietorship can be owned by an individual of any nationality.
• A sole proprietorship that is industrial or commercial can be owned only by UAE Nationals or GCC Nationals.
• A sole proprietorship that is a commercial or industrial business must be owned 100% by a UAE National. The UAE National owner and any other party can later work to decide on how profits might be shared and how day-to-day business decisions will be made. A sole proprietorship that offers legal services—known as a legal consultancy—does not require a local service agent.

A Sole Proprietorship is a business owned by one person, which can carry out commercial, professional, and industrial activities.

Sole Proprietorships Business Types

A professional business sole proprietorship covers a range of professions from owning a seafood restaurant to a bespoke tailoring service. In those cases, the owner does not have to be an expert in that particular business field, but as the sole owner of a consultancy, for example legal counsel, building contracting or home tutoring, the sole proprietor must specialise in that business. Most professional-type sole proprietorships providing personally offered services or the services of a recognised profession such as medicine or engineering require a Local Service Agent (LSA) if they are owned by a National of a country other than the UAE or GCC countries. The local service agent is a UAE National who manages licensing requirements and other government-related matters for your business, in exchange for an annual fee. The LSA has no responsibility for your business and no financial commitment to the business or its activities in Dubai or elsewhere. A sample Local Service Agent Agreement is available, explaining the relationship and the obligations of the owner and the LSA. This agreement must be authenticated by a Notary Public/Court within the UAE.

Ownership

• A sole proprietorship can only be owned by an individual, not a company. This person will own 100% of the business, control all of its operations and keep 100% of any profits. He or she will also be 100% responsible for business debts and any other financial obligations.
• A professional-type sole proprietorship can be owned by an individual of any nationality.
• A sole proprietorship that is industrial or commercial can be owned only by UAE Nationals or GCC Nationals.
• A sole proprietorship that is a commercial or industrial business must be owned 100% by a UAE National. The UAE National owner and any other party can later work to decide on how profits might be shared and how day-to-day business decisions will be made. A sole proprietorship that offers legal services—known as a legal consultancy—does not require a local service agent.

A Sole Proprietorship is a business owned by one person, which can carry out commercial, professional, and industrial activities.

Sole Proprietorships Business Types

A professional business sole proprietorship covers a range of professions from owning a seafood restaurant to a bespoke tailoring service. In those cases, the owner does not have to be an expert in that particular business field, but as the sole owner of a consultancy, for example legal counsel, building contracting or home tutoring, the sole proprietor must specialise in that business. Most professional-type sole proprietorships providing personally offered services or the services of a recognised profession such as medicine or engineering require a Local Service Agent (LSA) if they are owned by a National of a country other than the UAE or GCC countries. The local service agent is a UAE National who manages licensing requirements and other government-related matters for your business, in exchange for an annual fee. The LSA has no responsibility for your business and no financial commitment to the business or its activities in Dubai or elsewhere. A sample Local Service Agent Agreement is available, explaining the relationship and the obligations of the owner and the LSA. This agreement must be authenticated by a Notary Public/Court within the UAE.

Ownership

• A sole proprietorship can only be owned by an individual, not a company. This person will own 100% of the business, control all of its operations and keep 100% of any profits. He or she will also be 100% responsible for business debts and any other financial obligations.
• A professional-type sole proprietorship can be owned by an individual of any nationality.
• A sole proprietorship that is industrial or commercial can be owned only by UAE Nationals or GCC Nationals.
• A sole proprietorship that is a commercial or industrial business must be owned 100% by a UAE National. The UAE National owner and any other party can later work to decide on how profits might be shared and how day-to-day business decisions will be made. A sole proprietorship that offers legal services—known as a legal consultancy—does not require a local service agent.

A Sole Proprietorship is a business owned by one person, which can carry out commercial, professional, and industrial activities.

Sole Proprietorships Business Types

A professional business sole proprietorship covers a range of professions from owning a seafood restaurant to a bespoke tailoring service. In those cases, the owner does not have to be an expert in that particular business field, but as the sole owner of a consultancy, for example legal counsel, building contracting or home tutoring, the sole proprietor must specialise in that business. Most professional-type sole proprietorships providing personally offered services or the services of a recognised profession such as medicine or engineering require a Local Service Agent (LSA) if they are owned by a National of a country other than the UAE or GCC countries. The local service agent is a UAE National who manages licensing requirements and other government-related matters for your business, in exchange for an annual fee. The LSA has no responsibility for your business and no financial commitment to the business or its activities in Dubai or elsewhere. A sample Local Service Agent Agreement is available, explaining the relationship and the obligations of the owner and the LSA. This agreement must be authenticated by a Notary Public/Court within the UAE.

Ownership

• A sole proprietorship can only be owned by an individual, not a company. This person will own 100% of the business, control all of its operations and keep 100% of any profits. He or she will also be 100% responsible for business debts and any other financial obligations.
• A professional-type sole proprietorship can be owned by an individual of any nationality.
• A sole proprietorship that is industrial or commercial can be owned only by UAE Nationals or GCC Nationals.
• A sole proprietorship that is a commercial or industrial business must be owned 100% by a UAE National. The UAE National owner and any other party can later work to decide on how profits might be shared and how day-to-day business decisions will be made. A sole proprietorship that offers legal services—known as a legal consultancy—does not require a local service agent.